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Takeaways from India's budget that slashes income tax on the salaried middle class to spur growth
Indian Prime Minister Narendra Modi’s government has presented an annual budget that focuses on wooing the salaried middle class with tax cuts and spurring economic growth by boosting agriculture ...ABC News - 8h -
With The Salary Cap Spiking, The Penguins Have A Huge - And Unique - Opportunity
Pittsburgh will be in a unique position to accelerate their retool this summer - and they need to take advantage if they canYahoo Sports - 16h -
NHL Salary Cap On The Rise
The NHL announced significant increases to the salary cap's upper and lower limits starting in 2025-26 and progressing through the 2027-28 season.Yahoo Sports - 18h -
NHL growth prompts significant salary cap bump
The NHL is projecting a significant increase in the salary cap over the next three seasons to reflect the healthy growth of the league after the pandemic.ESPN - 22h -
NHL Salary Cap Set To Explode Over Next Few Seasons
The Carolina Hurricanes are in a very good position to take advantage of the rising salary cap.Yahoo Sports - 1d -
Even with all the Dodgers' spending, there will never be a salary cap in Major League Baseball
A key component of the MLB Player's Association's history and legacy is its firm stance against a cap.Yahoo Sports - 1d -
Adam Schefter Has a $9 Million Salary and an Uncertain Future
ESPN’s leading insider says he loves his job. But being a news breaker comes with a price.The New York Times - 2d -
Pitcher Johan Oviedo loses to Pirates in first salary arbitration decision of year
Oviedo, who turns 27 on March 2, was 9-14 with a 4.32 ERA in 32 starts last year. He earned $765,000.Yahoo Sports - 2d -
4 ways a tax relief service can reduce your tax bill
If you owe back taxes to the IRS, the right tax relief service could help reduce your bill. Here's how.CBS News - 2d -
Incoming UK ambassador takes back Trump criticism: 'Ill-judged and wrong'
The incoming U.K. ambassador to the U.S., Peter Mandelson, recanted previous statements criticizing President Trump on Wednesday. He previously stated Trump was a “danger to the world” in 2019 but ...The Hill - 3d -
My criticism of Trump was wrong, says incoming US ambassador Mandelson
The UK's choice for ambassador to the US rows back on previous comments describing Trump as "a bully".BBC News - 3d -
A Nutrition Program for Low-Income Americans Seeks Clarity on Funding Pause
It was not immediately known how the federal funding freeze would affect W.I.C., which provides vouchers for healthy foods to low-income pregnant and postpartum women, infants and children.The New York Times - 3d -
Why February's Supplemental Security Income checks are coming early
If you receive Supplemental Security Income from the Social Security Administration, you know the last two payments have been a bit wonky.The Hill - 4d -
IRS starts new tax rule for digital income
A new rule being implemented for the 2024 tax year means revenue over $5,000 collected through platforms like PayPal or Venmo has to be reported. That includes payments for concert tickets, clothes ...CBS News - 4d -
Higher-income American consumers are showing signs of stress
Borrowers earning more than $150,000 a year are showing increasing signs of stress, according to a new report from the credit scoring company, VantageScore.CNBC - 4d -
Higher-income American consumers are showing signs of stress
Inflation, job concerns, and already high interest rates are putting the squeeze on many American consumers.NBC News - 4d -
Making money online? The IRS is cracking down on unreported income
The world of "side hustles" has opened the door for many to make money in previously unconventional ways.The Hill - 5d -
FTfm: Fixed Income
Will Donald Trump’s presidency be good or bad for fixed income investors and how should they position themselves? Plus: the future of traditional bonds and are investors too complacent about the ...Financial Times - 5d -
Fixed income investors seek ways to navigate a Trump presidency
US Treasuries, traditionally a haven asset, have become a riskier, more volatile betFinancial Times - 5d -
RFK Jr.'s financial disclosures reveal millions in both debt and income
Financial disclosures show that Robert F. Kennedy Jr., President Trump's Health and Human Services Secretary nominee, is saddled with millions in debt, but is positioned to earn millions from book ...CBS News - Jan. 24 -
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code's casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty tax ...The Hill - Jan. 23 -
Top sports agent says WNBA salaries are 'blatantly unfair' to players
Schwartz's Excel Sports Management represents more than 500 clients and has negotiated billions in athlete contracts over the years.CNBC - Jan. 23 -
How is gold taxed?
Gold investments fall into several tax categories, experts say. Here's what to know this tax season.CBS News - Jan. 23 -
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Unrivaled basketball aiming to 'set the bar' for player experience, salaries in inaugural 3-on-3 season
Co-founders Napheesa Collier and Breanna Stewart are creating a player-first environment at UnrivaledCBS Sports - Jan. 21 -
Tulsi Gabbard raked in massive income engaging Republican audience, filing shows
Tulsi Gabbard reported a net worth of $55 million to $127 million, her personal financial disclosure report shows.ABC News - Jan. 20 -
How the Dodgers benefit from salary deferrals and signing bonuses to build their roster
The Dodgers' ability to put off long-term payments while reaping short-term benefits is raising new fears about a competitive imbalance in a sport already lacking league-wide parity.Yahoo Sports - Jan. 20 -
The craziest thing about Erling Haaland’s £500,000-a-week salary? It makes sense | Sean Ingle
Manchester City striker’s wages may appear outrageous but they are in line with the level of pay given to other superstars. What do you make of Erling Haaland’s new £500,000-a-week basic salary? ...The Guardian - Jan. 20 -
How the hot EV market left middle-income Americans out in the cold
Electric vehicles made up about 9% of cars sold in the U.S. last year. Even with tax credits, they were too expensive for many middle-income households.MarketWatch - Jan. 18 -
Incoming British ambassador to US praises Trump in op-ed
The incoming British ambassador to the U.S. Peter Mandelson praised President-elect Trump in a new op-ed, predicting his forthcoming presidency will be one of the “most consequential” in recent ...The Hill - Jan. 18 -
Dawn Staley's $25M extension is richest salary in women's college hoops history, South Carolina says
Coach Dawn Staley has received a contract extension that South Carolina said will make her the highest paid college women’s basketball coach of all-time at a total value of about $25 millionABC News - Jan. 17 -
D.C. Restaurants Look Ahead to Incoming Trump Administration
With Trump back in town, owners are wondering how the dining scene will shape up.The New York Times - Jan. 17 -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - Jan. 16 -
Hochul Proposes Cutting Income Taxes for Middle-Class New Yorkers
Gov. Kathy Hochul used her State of the State speech to focus on affordability and crime, vowing to place a police officer on every overnight subway train.The New York Times - Jan. 14 -
Airlines turn to incoming government to resolve Ireland’s airport cap row
Industry hopes Dublin will resolve a long-running dispute caused by local planning restrictionsFinancial Times - Jan. 14 -
Jamie Dimon on the economy, billionaires, and income inequality
The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...CBS News - Jan. 12 -
Trump's incoming border czar says mass deportations will include workplace roundups
Tom Homan, President-elect Trump's incoming border czar, said mass deportations of undocumented migrants will include workplace enforcement operations. Homan also said the administration is ...NBC News - Jan. 10 -
Trump Organization Says Incoming President Will Separate Himself From Family Business
The company is set to release a series of ethics rules governing Donald Trump’s interactions with his business empire.The Wall Street Journal - Jan. 10 -
Self-made millionaire's advice to couple expecting to earn 4x more in the next 2 years after struggling with salary gap
Self-made millionaire Ramit Sethi followed up with one of the first couples he interviewed on his podcast two years ago to see how they're doing.CNBC - Jan. 8 -
How soon can you file your 2024 income-tax return? Here’s your 2025 tax-season road map.
Tax season is just around the corner and it’s never too early to get startedMarketWatch - Jan. 7